Martin's Produce Stand buys produce from area farmers, marks the merchandise up to a price that includes some profit, and then sells the fruit and vegetables to the people in and around Townsville. Martin's would be classified as part of a ____ market.

Question

Quizplus · Accepted Answer

Martin's Produce Stand buys from producers (farmers) and sells to end consumers, making it a reseller market.

Martin's Produce Stand Buys Produce from Area Farmers, Marks the Merchandise